The Maharashtra government announced a reduction in VAT on diesel and petrol for the Mumbai and Navi Mumbai regions. Deputy Chief Minister Ajit Pawar, while presenting the state Budget for 2024-25, detailed the changes. VAT Reductions:– Diesel: VAT reduced from 24% to 21%– Petrol: VAT reduced from 26% to 25% This change will lower diesel prices by ₹2 per litre[Read More…]
Eicher Trucks & Buses, a business unit of VE Commercial Vehicles, announced the rollout of its 50,000th fully factory-built bus from its state-of-the-art Baggad Plant in Madhya Pradesh. The milestone vehicle is an Eicher Skyline Pro E electric bus, reflecting the unwavering commitment of the Baggad factory to cater to the rapidly modernizing Indian public transport segment. Vinod Aggarwal, MD &[Read More…]
Tata Motors commercial vehicle manufacturer, has signed an MoU with Bajaj Finance Ltd., part of Bajaj Finserv Ltd., one of India’s leading financial services groups. This partnership aims to provide financing solutions for Tata Motors’ entire commercial vehicle range. Customers will benefit from Bajaj Finance’s extensive reach, competitive interest rates, flexible loan options, and digitally-enabled loan processing. Rajesh Kaul, Vice[Read More…]
Force Motors Limited has launched an ambitious digital transformation project called Project DigiForce. This initiative aims to enhance innovation and productivity across its operations, ensuring high customer satisfaction. EY Parthenon, a top strategy consulting firm, will assist Force Motors in this endeavour. Over the past two years, Force Motors has achieved a remarkable business turnaround, with a 38% YoY growth[Read More…]
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